Shares of the Danish renewable energy developer tumbled after it said it would issue more stock to raise funds instead of ...

Danish energy giant Orsted abandons partner strategy, to fund Sunrise Wind project alone by raising $9.4 billion to cover ...

Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help ...

Denmark's Orsted on Monday asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as ...

Shares in Orsted  plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help ...

Energy giant Orsted has said that it took an almost £400m hit from its decision to halt work on a major offshore wind project ...

CFO acknowledges Orsted faces a 'buyers market' for offshore wind assets but says all non-US farm-downs are 'progressing as ...

Orsted cited a "material adverse development" in the U.S. market as driving its decisions. Orsted shares crashed 30% on ...

Danish offshore wind power group Orsted slumped on Monday as the company announced plans to raise 60 billion kroner ($9.4 ...

Orsted, a Danish wind farm developer, saw its stock decline sharply on Monday after requesting $9.4 billion from shareholders.

The firm plans to raise funds via new share sales as Donald Trump’s opposition to the wind sector worsens its troubles.

Management of Orsted A/S failed to convince analysts and investors that the company is at a turning point after losing nearly one third of its value from announcing it would sell shares.